Q. Can China replace US as world’s economic power?
A.I think China can replace the United States. Currently, China's yuan value in the trade war has been depreciated, with export gains high. On the other hand, the U.S. lost money by trading with China. Also, it is not surprising that China, which ranked second in the world in terms of economic power in 2010, is ahead of the United States. In 2017, China earned about $370 billion from the United States. As a result, the U.S. suffered losses that much. China's tremendous growth and market dominance are accelerating.
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